Oil Marketers Agree To Begin Lifting Petroleum Products In The Next Six Hours

Reprieve may have finally come the way of Nigerians after two months of agony.
 Oil Marketers Agree To Begin Lifting Petroleum Products In The Next Six Hours
The Major Oil Marketers Association of Nigeria (MOMAN) who have held the nation hostage and forced businesses to shut down, agreed to begin lifting petroleum products in the next six hours in the wake of a meeting with the Senate committee and government representatives.
The marketers have been holding on for outstanding subsidy payments and have bickered with the federal government over payment timelines and owed figures.
Chairman Senate committee on petroleum resources, Magnus Abe said  a resolution was reached following a meeting of MOMAN and the committee with? Ngozi Okonjo-Iweala,  Joseph Dawha who is the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC) and major stakeholders in the oil and gas sector.
Word also reaching us has it that the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), who downed tools last week following the concession of an oil bloc to an indigent firm by the government, have suspended their industrial action.
PENGASSAN and NUPENG shutdown had affected Nigeria’s power generation and distribution capacities; plummeting supply from the grid to as low as 900mw by Monday morning.


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